Economy
12:05 23 June 2021
Post by: WBJ

Eurostat: Poland one of the cheapest EU countries

Eurostat: Poland one of the cheapest EU countries
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Eurostat data shows that the price level of goods and services in our country is one of the lowest in the EU. Of course, this issue cannot be considered in isolation from wages or the widely understood standard of living.


As every year, Eurostat has looked at the level of prices for consumer goods and services in the Member States. The data, which are used to calculate the HICP inflation every month, were presented in a slightly different way - instead of the price dynamics, the focus is on their level, or rather the relation to the average level in the EU.


In the “general classification” of the most expensive EU countries, Denmark defended its leading position (141 percent of the EU average). Further positions were occupied by countries from the north of the continent: Ireland (136.1 percent), Sweden (130 percent) or Finland (126.3 percent), as well as Luxembourg (136 percent). It is even more expensive in Switzerland (170 percent), which of course does not belong to the EU.


The last three EU countries are Poland (58%), Bulgaria (56%), and Romania (55%). In these countries, the average price level is similar to that in the Balkans - for example in Serbia (58 percent).


(bankier.pl)


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